4913 Stringtown Rd · Evansville, IN
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $717 – $1,331
Heat risk 4/10 · Minor
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 4.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +22.1/30.0
- ARV discount +15.0/15.0
- DSCR +7.1/10.0
- 1% rule +6.0/10.0
- Rent growth +4.2/5.0
- Schools +3.3/10.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$120,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
Key facts
- Covered front porch
- Bright rear sunroom
- New flooring
Tags
Property features AI
Finance
- Other: Unbranded virtual tour available; Directions: From Diamond Ave, turn north onto Stringtown Road; home is on the right.
Exterior
- Utilities: Public water; Septic tank sewer
- Home design: Single-family site-built home; 2 stories
- Construction: Aluminum siding
- Exterior features: Irregular-shaped lot; 1.5-acre lot
Interior
- Bathrooms: 2 full bathrooms; 1 bathroom on the main level
- Heating & cooling: Forced air heating; Central air conditioning; Window unit(s) for cooling
- Interior features: Partial basement; Main-level laundry
- Laundry & utility: Laundry on the main level
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath single-family listed at $120k.
Deal economics
- At list price, monthly cash flow is $193 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $120k).
- Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.2% vs local median 4.6% in Evansville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 63/100 on livability (#416 in IN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, commute F, employment D-.
- Evansville Vanderburgh School Corporation (urban): math 36% / reading 43% proficiency, ranked #153 of 301 in IN (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Evans School (math 9% / reading 7%, grade F, #945 of 994 statewide, top 95%, 499 students, 85% FRL); Thompkins Middle School (math 39% / reading 46%, grade D-, #98 of 330 statewide, top 30%, 618 students, 53% FRL); Central High School (math 38% / reading 74%, grade C, #73 of 369 statewide, top 20%, 1,090 students, 52% FRL).
- Market conditions: Rents rising fast (+6.7%/yr); 229 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 508 units permitted in Vanderburgh County in 2024 (32 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 6.7% rent growth), your $34k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 183 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 183 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.10% ✓
- Cap rate
- 8.23%
- Cash-on-cash
- 6.90%
- DSCR
- 1.31
- GRM
- 7.6
CMA / ARV
- ARV (on-the-fly)
- $238,032
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4410 Stringtown Rd | 0.35mi | 3/1.5 (+1) | 1,482 (-5%) | 6mo | $168,000 | $113 | 65 |
| 5113 Stringtown Rd | 0.15mi | 3/1.0 (+1) | 1,364 (-13%) | 2mo | $165,650 | $121 | 63 |
| 301 Christ Rd | 0.15mi | 3/2.0 (+1) | 1,745 (+11%) | 8mo | $265,500 | $152 | 61 |
| 5300 Gravenstein Ct | 0.46mi | 3/2.0 (+1) | 1,657 (+6%) | 4mo | $298,900 | $180 | 58 |
| 5308 Sherbrooke Rd | 0.55mi | 2/2.0 | 1,393 (-11%) | 4mo | $201,000 | $144 | 51 |
| 216 Hanover Rd | 0.44mi | 3/2.0 (+1) | 1,753 (+12%) | 4mo | $265,900 | $152 | 49 |
| 800 Harmon Ct | 0.66mi | 3/1.0 (+1) | 1,453 (-7%) | 2mo | $170,000 | $117 | 48 |
| 4813 Sherbrooke Rd | 0.49mi | 3/1.0 (+1) | 1,388 (-11%) | 4mo | $179,000 | $129 | 48 |
| 837 Cameo Ct | 0.71mi | 3/2.0 (+1) | 1,701 (+9%) | 5mo | $294,000 | $173 | 41 |
| 5338 Cameo Dr | 0.59mi | 3/2.0 (+1) | 1,384 (-12%) | 9mo | $279,900 | $202 | 39 |
| 725 W Berkeley Ave | 0.69mi | 3/1.0 (+1) | 1,336 (-15%) | 1mo | $110,000 | $82 | 35 |
| 5505 Cameo Dr | 0.74mi | 3/2.0 (+1) | 1,408 (-10%) | 10mo | $279,900 | $199 | 33 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 6.72% rent growth · sell at horizon
- IRR
- -1.5%
- Equity multiple
- 0.94×
- Total profit
- $-1,983
- Equity at exit
- $17,892
- IRR
- 11.9%
- Equity multiple
- 2.10×
- Total profit
- $36,933
- Equity at exit
- $10,375
Cash invested: $33,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Indiana
- 90 Strongly Landlord-Friendly · R+11
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 47711
- Home prices YoY
- -32.3%
- Rents YoY
- 6.7%
- Active inventory
- 229
- Price-to-rent
- 7.6×
Monthly cashflow live
- Estimated rent
- $1,318 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$169 /mo · $2,026/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$277
- Net cashflow
- $193
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $30,000
- Closing costs
- $3,600
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 5 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 824 Cameo Ct Evansville, IN | 3.0 | 2.0 | 1127 | $1,750 | $1.55 | 20d | 1 | 0.68mi |
| 1125 Wellington Dr Evansville, IN | 1.0–2.0 | 1.0–1.5 | 975 | $1,340 | $1.37 | 13d | 15 | 1.00mi |
| 1219 Kiwi Ct Evansville, IN | 2.0 | 2.0 | 1200 | $1,250 | $1.04 | 20d | 1 | 1.15mi |
| 4135 Highway 41 N Evansville, IN | 3.0 | 2.0 | 1390 | $1,600 | $1.15 | 20d | 1 | 1.47mi |
| 1422 Venus Dr #206 Evansville, IN | 2.0 | 2.0 | 1525 | $1,500 | $0.98 | 20d | 1 | 1.49mi |
Listing history 19 events
-
2026-05-06status Pending 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-05-06status Pending
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-02-20price $120,000
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-02-20price $120,000 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-02-04status Active 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-02-03status Active
-
2026-01-16status Pending 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-01-16status Pending
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-01-13price $130,000
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2026-01-13price $130,000 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2025-10-17status Active 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2025-10-03status Pending 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2025-10-03price $140,000 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2025-09-30status Active 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2025-09-10status Active 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
-
2025-07-24status Pending 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
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2025-07-19$125,000 Active 786-char remark
Show marketing remark (786 chars)
Motivated Seller! Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a bright rear sunroom overlooks a large, extended lot that’s perfect for gatherings or gardening. Charm abounds from the covered front porch to the horseshoe driveway and everyday ease comes courtesy of a convenient laundry room. This property presents both immediate income potential and steady long-term value. Property shall be sold "as-is. "
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2025-07-17$140,000 Active
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2013-08-07$99,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast IN · Partial reset (capped growth)
- Current annual tax
- $2,026 · $169/mo
- Projected year-2 tax
- $2,026 · $169/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 4/10 Moderate 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
- Wind 2/10 Low 4% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,820
- − Mortgage interest
- −$6,722
- − Property taxes
- −$2,026
- − Insurance
- −$600
- − Repairs & maintenance
- −$1,266
- − Management
- −$1,266
- − Depreciation
- −$3,491
- Taxable income
- $450
- Est. tax owed @ 24.0%
- −$108
- After-tax cash flow
- $2,212/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Evansville Vanderburgh School Corporation
- NCES district ID
- 1803450
- Math proficiency
- 36% ▼ -7.00%
- Reading proficiency
- 43% ▼ -3.00%
- Median HH income
- $43,270
- Composite
- 33.41/100
- National rank
- #5471
- State rank
- #153 of 301 in IN
Livability — Evansville
- Score
- 63/100
- State rank
- #416
- US rank
- #15047
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Evansville, IN
- County
- Vanderburgh County · 146,793 people
- City population
- 146,793
- Metro
- Evansville, IN-KY
- Population (ZIP)
- 30,944
- Household income
- $66,320
- Rent vs Own
- Severe rent burden
- 659.0
Population outlook (Vanderburgh County) Hauer SSP2
- Today (2025)
- 187,038 people
- By 2030
- 188,907 · +1.0%
- By 2040
- 190,272 · +1.7%
- By 2050
- 188,871 · +1.0%
- By 2075
- 180,751 · -3.4%
- By 2100
- 163,015 · -12.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (85%)
- Race & ethnicity
- White 85% Black 8% Two or more races 5% Hispanic / Latino 2%
- Common ancestry
- Lithuanian 2% Romanian 2% Slovak 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Spanish 2%
Political lean MEDSL · Vanderburgh
- 2024 margin
- R (+12.7) · D 43.0% · R 55.6% · Other 1.4%
- 2008→2024 swing
- -15.1pp toward R · 2008: 2.5pp · 2024: -12.7pp
- All cycles
- 2024: R+12.7 2020: R+9.6 2016: R+16.9 2012: R+10.8 2008: D+2.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -97.98%
- Current HPI
- 205.62
- Rent YoY
- ▲ 6.72%
- Metro
- Evansville, IN-KY
- State GDP YoY
- ▲ 2.90%
- F500 in state
- 18
Industry mix (Fortune 500 HQ in IN)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Machinery | 2 | $37B |
|
||
| Healthcare | 1 | $177B |
|
||
| Pharmaceuticals | 1 | $45B |
|
||
| Metals / Steel | 1 | $18B |
|
||
| Agriculture | 1 | $17B |
|
||
| Packaging | 1 | $12B |
|
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Price history
+20.6% since first listed19 events — show timeline
- 2026-05-06 Pending — IRMLS
- 2026-05-06 Pending — IRMLS
- 2026-02-20 Price Changed $120,000 IRMLS
- 2026-02-20 Price Changed $120,000 IRMLS
- 2026-02-04 Relisted — IRMLS
- 2026-02-03 Relisted — IRMLS
- 2026-01-16 Pending — IRMLS
- 2026-01-16 Pending — IRMLS
- 2026-01-13 Price Changed $130,000 IRMLS
- 2026-01-13 Price Changed $130,000 IRMLS
- 2025-10-17 Relisted — IRMLS
- 2025-10-03 Pending — IRMLS
- 2025-10-03 Price Changed $140,000 IRMLS
- 2025-09-30 Relisted — IRMLS
- 2025-09-10 Relisted — IRMLS
- 2025-07-24 Pending — IRMLS
- 2025-07-19 Listed $125,000 IRMLS
- 2025-07-17 Listed $140,000 IRMLS
- 2013-08-07 Listed $99,500 IRMLS
Property tax history
-6.5%/yrLatest (2024): $2,026 · -4.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…